AABP EP Awards 728x90

Real Estate and Development

DSC 6869

Westgate to redevelop Kruidenier building for office user

The investment group managed by state Sen. Jack Hatch plans to turn the former Kruidenier Cadillac dealership building at 1408 Locust St. into office space.
 
On Monday, four days after the Des Moines Social …

DSC 6869

Oakridge receives $60K Community Foundation grant

A $60,000 leadership grant to Oakridge Neighborhood Services from the Community Foundation of Greater Des Moines will help fund the construction of a 4,000-square-foot teen and community center. The center, which will include job training, …

DSC 6869

Social Club seeks new space downtown

The Des Moines Social Club, a nonprofit cultural center founded in March 2009 under the leadership of Zachary Mannheimer, announced yesterday that it will vacate its leased space at 1408 Locust St.

The Social Club, …

DSC 6869

Fourth annual Iowa land expo this month

The fourth annual Iowa Land Investment Expo is scheduled to take place on Jan. 21 at the Sheraton West Des Moines Hotel at 1800 50th St. A series of breakout sessions on topics such as …

DSC 6869

Knapp presented with Iowa Award

Updated at 3:14 p.m. on Jan. 14

Gov. Chet Culver presented the Iowa Award to Bill Knapp during a ceremony in the rotunda of the state Capitol at 2 p.m. Saturday.

Knapp, founder and chairman …

DSC 6869

Hubbell Homes reports record-breaking sales

Hubbell Homes, a division of Hubbell Realty Co., announced it will close the 2010 fiscal year with a 12 percent increase in sales from FY2009.

Hubbell Homes sold 298 new homes, a record high for …

DSC 6869

General contractors to meet

The Associated General Contractors of Iowa will hold its state convention in Des Moines on Jan. 12-14 at the Holiday Inn – Airport. An estimated 800 people are expected to attend the convention, according to …

DSC 6869

Investors take more risks in office market

The investment market for office buildings is booming after a two-year pause, though the commercial real estate industry still faces several challenges, The New York Times reported.

Investors are beginning to take more risks, such …

DSC 6869

Investors may cool to REITs as economy improves

Real estate investment trusts, or REITs, aren’t expected to perform as strongly in 2011 as the economy improves, Reuters reported.

Last year, the average 3.81 percent dividend on REITs was about a point higher than …

DSC 6869

Knapp acquires retail investment property

William C. Knapp LC has acquired a West Des Moines retail property from New Millennium II LC for $4.75 million. Walgreen Co. holds a long-term lease on the 14,392-square-foot building at 1999 Grand Ave., which …